During a meeting of the OCC’s Mutual Savings Association Advisory Committee today, OCC senior staff revealed their anticipated timeline for implementing a section of S. 2155 — the new regulatory reform law — that would permit certain federal savings associations to elect the rights and duties of national banks.
In a landmark moment for post-crisis banking policy, the House today passed S. 2155, the Senate’s bipartisan regulatory reform bill.
ABA and state bankers associations across the country today sent letters to congressional leaders urging the House to pass S. 2155 — the Senate-passed regulatory reform bill — “as soon as possible.”
In a bipartisan 67-31 vote, the Senate tonight passed S. 2155, the bipartisan regulatory reform bill crafted by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Sens. Jon Tester (D-Mont.), Heidi Heitkamp (D-N.D.), Mark Warner (D-Va.) and Joe Donnelly (D-Ind.).
The House tonight approved two ABA-advocated bills.
The House Financial Services Committee today passed a number of ABA-advocated bills.
Numerous regulatory relief proposals long backed by ABA are included in a bipartisan deal announced today by Senate Banking Committee Chairman Mike Crapo (R-Idaho).
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) today released the latest legislative text of his Financial Choice Act, a 600-page bill aimed at rolling back and reforming parts of the Dodd-Frank Act’s extensive supervisory regime, as well as providing regulatory relief for banks of all sizes.
Speaking to ABA’s Mutual Community Bank Forum today, Rep. Keith Rothfus (R-Pa.) announced that he has reintroduced legislation that would help mutual banks increase their capital levels.